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Full-Text Articles in Finance and Financial Management
Financial Institutions And The Taxi-Cab Industry: An Exploratory Study In Canada, Amarjit Gill, Nahum Biger, Leo Paul Dana, John D D. Obradovich, Ansari Mohamed
Financial Institutions And The Taxi-Cab Industry: An Exploratory Study In Canada, Amarjit Gill, Nahum Biger, Leo Paul Dana, John D D. Obradovich, Ansari Mohamed
Leo- Paul Dana
A current challenge taxi-cab owner/operators face in Canada is the lack of financing for taxi-cabs. This article examines business opportunities and lending risk; it also provides risk management strategies for financial institutions to manage the risk of lending to the taxi-cab industry. Members of the boards of directors and shareholders from the Canadian taxi-cab industry, and lenders from financial institutions that do not provide financing to taxi-cab owner/operators, were interviewed. Board members and shareholders were asked about their perceptions regarding business opportunity, risk, and their willingness to provide collateral for taxi-cab loans. Lenders of financial institutions were asked about their …
Types Of Governance, Financial Policy And The Financial Performance Of Micro-Family-Owned Businesses In Canada, Amarjit Gill, Alan B. Flaschner, Susan Mann, Leo Paul Dana
Types Of Governance, Financial Policy And The Financial Performance Of Micro-Family-Owned Businesses In Canada, Amarjit Gill, Alan B. Flaschner, Susan Mann, Leo Paul Dana
Leo- Paul Dana
The purpose of this study is to examine the impact of type of governance on financial policy and financial performance of micro-family-owned businesses in Canada. This study utilised survey research (a non-experimental field study design). Micro-family-business owners from Western Canada were asked about their beliefs, perceptions and feelings regarding type of governance, financial policy and financial performance. The findings of this study indicate that type of governance positively impacts financial policy. The results also show that both type of governance and financial policy positively impact the financial performance of the micro-family-owned businesses in Canada. This study contributes to the literature …